The Random Spatial Economy and Its Evolution

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Overview

This volume, spanning a lifetime's research, is a highly innovative first attempt at a consistent theoretical approach to the elements, structures and dynamics of the geography of agents, settlements and trade. Cause and effect are replaced by chance within constraints. Populations are substituted for unreal representative individuals, variability for uniformity, probabilistic process for unique history. Ignorance is a major factor in interpersonal and inter-areal commercial relations so that the focus is on flows of information and their effects on the efficiency of the economy or, alternatively, on changes in its information content. Recent work on spatial arrangements in many physical and social sciences is incorporated but always interpreted from an overriding geographical viewpoint. Key concepts are locational potential, distance friction, mobility, diffusion, spatial pattern and texture, adaptability, efficiency, spatial interaction and dependence. Analytic methods include autocovariance and transfer functions, areal special densities and entropy. Various forms of self-organization of economic spatial patterns are examined.
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Editorial Reviews

Booknews
Presents an innovative attempt at a consistent theoretical approach to the elements, structures, and dynamics of the geography of agents, settlements, and trade. Focus is on flows of information and their effects on the efficiency of the economy, and on changes in its information content. Recent work in spatial arrangements in many physical and social sciences is incorporated but always interpreted from a geographical viewpoint. Key concepts are locational potential, distance friction, mobility, and spatial interaction and dependence. Analytical methods include autocovariance and transfer functions, areal spectral densities, and entropy. Various forms of self- organization of economic spatial patterns are examined. No index. Annotation c. Book News, Inc., Portland, OR (booknew.com)
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Product Details

  • ISBN-13: 9781840143911
  • Publisher: Ashgate Publishing, Limited
  • Publication date: 12/1/1998
  • Pages: 492
  • Product dimensions: 8.62 (w) x 6.02 (h) x 1.14 (d)

Table of Contents

Acknowledgements
Foreword
Prologue
Demand In The Spatial Economy
Homo Deterministicus 3
Homo Stochasticus 31
Agents
Formalised Behaviour in Agents' Markets 69
A Spatial Analysis of Gravity Flows 79
Factor Returns and Geography 97
Occupational Structures
Information and Evolution of the Economy 113
Division of Labor from Geographical Competition 131
Macro-Ecology of Vacancy Chains 165
Recruitment as Diffusion and the Spatial Structure of Occupations 193
Settlement Structures
Central Places in the Random Spatial Economy 215
Stochastic Spatial Distributions in Equilibrium: Settlement Theory 237
Trading Structures
Geographical Specialisation and Trade 249
Spatial Price Equilibria 261
Inefficiency of Spatial Prices Using the Thermodynamic Formalism 287
Trade as Spatial Interaction, and Central Places 299
Spatial Trade and Factor Markets 331
Short Term Dynamics
1 Agents
Location Theoretic Style and Urban Policy 345
Inefficiencies in the Geographical Operation of Labour Markets 359
2 Trade
Fluctuation in the Random Spatial Economy and The Control of Inflation 375
Inefficiency and Instability of Trade Patterns 391
Innovations and Trade in the Short Term 407
3 Settlement
The Village Economy as a Hypercycle 425
Long Term Dynamics
Endogenous Geographical Evolution 439
Epilogue 471
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